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Tag Archives: business succession
Capital Gains: Did Tax Increase Precipitate Star Wars Sale?
It was almost lost in the storm surge, but this week George Lucas finally let the wookie win. The creator of the Star Wars and the Lucasfilm empires has cashed out, swapping Darth Vader, Luke Skywalker and a planet full … Continue reading
Estate Tax Reduced for Maryland Farmers by “Family Farm Preservation Act”
On May 22, Governor Martin O’Malley signed into law a bill that many of you may have already heard about. Chapter 448, or the “Family Farm Preservation Act of 2012,” aims to ease the estate tax burden on the survivors … Continue reading
Posted in Estate Planning, Tax Planning, Retirement Planning, Estate Tax, Small Business Anonymous
Tagged Agriculture, business, business succession, business transition, chapter 448, Delmarva Peninsula, Estate Administration, Estate Planning, estate tax, Exemption, Family Farm, Family Farm Preservation Act, Farm, Real Estate, small business, Tax exemption, Tax Planning
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Business Succession: The Handoff
Forgive me, but after three postings on this subject in which I have invoked metaphors ranging from Monopoly to Cinderella, I can no longer resist the need to appease my inner sportswriter. The transition from your direction of the business … Continue reading
Business Succession: Mentoring your Apprentice
Continuing in our series outlining the steps to crafting an effective business succession plan, today we will highlight the basics of mentoring your CEO-elect. So you’ve finally found the foot that fits the glass shoe. What now? For starters, you … Continue reading
Business Succession: Preparing for the Future
In my last posting, I outlined the difficulty and importance of considering a transition strategy appropriate to your situation as a business owner or executive. Today, I will explore how to go about finding someone to whom you can be … Continue reading
